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A Note On Ameris Bancorp

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October 23, 2012 – Comments (0)

Dear Fools,

In the light of Foolish transparency I wanted to let you know that I will be selling my personal holding in Ameris Bancorp. While it is not a large position by any means, this is in no way a reflection in my ongoing belief in the company and its success. I will continue to hold Ameris Bancorp in my TMF Real Money portfolio however I’d like to steer away from personally owning too many of the companies in my Real Money portfolio simply to maintain some separation. Ameris Bancorp was my second purchase in the portfolio and it has performed admirably beating the market by more than 3.5 percentage points while returning 22%. I am confident that this will continue and look forward to keeping it in my Real Money portfolio for a long time to come.

Foolish best,

Jason

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